Estonia behind other Baltic countries in wind farm construction
The possibilities for, and speed of, wind farm development vary across the Baltic states, though the need for additional electricity production is a common one. Estonian company Utilitas owns the [..]
Ignitis Group CEO: Lithuania could have its first Baltic Sea wind farm by 2031 – 2033
Lithuania may have its first offshore wind farm in the Baltic Sea between 2031 and 2033, according to Darius Maikštėnas, CEO of the state-controlled energy company Ignitis Group. “One [farm] [..]
Lithuanian energy minister: Offshore wind farm ender could be re-launched soon
Lithuanian Energy Minister Zygimantas Vaiciunas has said that if Lithuania’s parliament, the Seimas, approves amendments to rules on a bid for tenders on the development of a second 700 MW [..]
Swedbank, which is a leading bank in Lithuania, has approved a loan of EUR 20.7 million to the state-owned energy group Ignitis Group with a repayment schedule of seven years. [..]
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